Insurer News – Page 314
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News
FCA trials 'smarter' customer disclosures
Regulator wants to know how consumers respond to different types of information
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FCA chief welcomes insurers’ bid to shorten policy wordings
But Martin Wheatley called on the industry to do more to ease the burden on customers
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NewsLloyd’s plans to leave iconic London HQ - reports
Insurance market has occupied Richard Rogers-designed building since 1986
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Property wins help Sterling to 71% profit boost
Specialist insurer’s household and commercial book grows to £88.2m
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UK personal motor industry returned to profit in 2013
Market-wide COR at 99.4% as industry makes first profit in at least nine years
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Telematics aggregator to launch in September with 100-strong insurer panel
Wejo aims to take telematics into the mainstream with policy discounts and money off at coffee shops and petrol stations
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News
RSA's More Than MD leaves to head up AA Insurance
Janet Connor takes newly created managing director role in August
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NewsGoogle to roll out driverless cars
Department of Transport is reviewing regulations around driverless technology
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UK GI lags global average on customer satisfaction – KPMG
Just 34% of UK GI customers rank their experience highly
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FeaturesBriefing: Will others follow RSA and drop brokers?
Personal lines motor remains unprofitable as a whole – at least for now
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Online only29 May 2014 Issue
Read a digital version of the 29 May 2014 edition of Insurance Times. In this issue: how RSA went wrong with motor; Gallagher’s regional bosses revealed; Niche insurers’ growth plans; the FCA’s Simon Green writes on claims; brokers face anti-bribery focus; richest men in insurance; ERS head Ian Parker interviewed; ...
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News
Broker conflicts of interest could lead to 'significant fines'
The FCA is currently working with the seven large brokers reviewed - using appropriate regulatory tools
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Direct Line awards £546k of stock options to new personal lines boss
Mike Holliday-Williams awarded 224,636 shares
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Multinationals drive trade credit market growth
Large multinationals are buying more credit insurance as the risks increase, according to Marsh
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UK General to cut number of commercial brokers
‘Well defined risk appetite means working with a smaller number’ - commercial managing director
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Insurance second most common type of nuisance call - Ofcom
But consumers say insurance calls are more useful than the average nuisance call
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AXA tops Brokerbility insurer performance survey for 11th consecutive time
NIG was the only insurer on the panel that recorded a reduction in its overall performance
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Lloyd’s finance chief Savage leaves for Standard Life
Insurance market splits Savage’s old position into two new roles
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No evidence of systematic attempts to deny travel and household claims - FCA
But regulator wants improvements on claims management and policy wordings
